Bitcoin Price Key Highlights
Bitcoin price formed higher lows and lower highs, creating a symmetrical triangle pattern on its 4-hour time frame.
Price is still stuck inside that triangle pattern for now but a breakout might be due since it is approaching its peak.
A breakout in either direction could set the longer-term trend for bitcoin.
Bitcoin price is still stuck in consolidation but might be ready to make a strong breakout in either direction sooner or later.
http://www.newsbtc.com/2016/07/11/bitcoin-price-technical-analysis-07112016-still-stuck-consolidation/
